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The ministry was established under Proclamation No.916/2008 on 7 July 2008 with reorganization from the former Ministry of Capacity Building. [1] Its envisaged to observe public service and complete its mission ethically by 2020, as well as contributing economic development and social welfare by promoting modern Tax and Customs Administration.
Small businesses in Ethiopia are taxed differently than individuals. Businesses are required to pay: "business income tax, windfall income tax, other income tax, turnover tax and excise tax." [17] Over 20% of all tax revenue in Ethiopia is derived from business profit tax, and 62% of all direct taxes consist of business taxation. [12]
The Ministry of Finance and Economic Development is an Ethiopian government department. It is responsible for general financial management and economic policy of Ethiopia, in addition to the allocation of economic assistance.
The government of Ethiopia (Amharic: የኢትዮጵያ መንግሥት, romanized: Ye-Ītyōṗṗyā mängəst) is the federal government of Ethiopia. It is structured in a framework of a federal parliamentary republic, whereby the prime minister is the head of government. Executive power is exercised by the government.
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EFTPS allows individuals and businesses to make their tax and estimated tax payments securely online using their bank accounts. Payments can be made only after enrolling in the system, and the enrollment process can take about a week (initial online enrollment is followed by relevant information being sent by physical mail, after which the online enrollment process may be completed).
The Ministry of Public Service and Human Resource Development (MPSHRD) is an Ethiopian government department responsible for administration and management of civil servants, providing training and improvement opportunities. [1] It was established in 2008 under Proclamation No.916/2008. [2]
Mamo Esmelealem Mihretu (Amharic: ማሞ እስመላለም ምህረቱ) is an Ethiopian economist and lawyer who is the governor of the National Bank of Ethiopia (NBE) since 2023. Mamo has worked with the World Bank as the Senior Private Sector Specialist at the World Bank Group (WBG) in Nairobi, Kenya from 2010 to 2018.